Pound falls lower against the dollar and euro

      Published on Wednesday, 8 August , 2018      29 Views     
Pound falls lower against the dollar and euro

  • UK Business

Sterling also hit a nine-month low against the euro, and was down against the yen and Swiss franc.

Bank of England governor Mark Carney said on Friday the chances of a no-deal Brexit were “uncomfortably high”.



On Sunday, international trade secretary Liam Fox put the odds at “certainly not much more than 60-40”.

The falls come despite a rise in UK interest rates, which usually pushes up the value of sterling.



Since the beginning of the month, the pound has fallen 1.7% against the dollar and 0.8% against the euro.

Keywords:
Category UK Business | 2018/08/08 latest update at 3:30 PM
Source : BBC | Photocredit : Google
30 Views
Comments Add comment



Related Articles

The editorial staff of Bulgarian Business Club would like to give all of its readers from Bulgaria and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bulgarian Business Club with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter or use our RSS feed channel to always read the most important news about Bulgaria.


Sponsored Publications